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one. >> jim: let's not. let's let him respond to this specific on dodd frank and what the governor just said. >> i think this is a great example. the reason we have been in such an enormous economic crisis was prompted by reckless behavior across the board. now twasn't just on wall street. you had loan officers that were giving loans and mortgages that really shouldn't have been given bos because the folks didn't qualify. hupeople borrowing money to buy a house they couldn't afford. hucredit agencies stamping these as a-1 great investments when they weren't. but you also had banks making money hand over fist, churning out products that the bankers themselves didn't even understand, in order to make big profits, but knowing that it made the entire system vulnerable. so what did we do? we stepped in and had at this time toughest reforms on wall street since the 1930s. we said, banks, you have to raise your capital requirements. you can't engage in the rinky behavior that is putting main street at risk. we are
one. >> jim: let's not. let's let him respond to this specific on dodd frank and what the governor just said. >> i think this is a great example. the reason we have been in such an enormous economic crisis was prompted by reckless behavior across the board. now twasn't just on wall street. you had loan officers that were giving loans and mortgages that really shouldn't have been given bos because the folks didn't qualify. hupeople borrowing money to buy a house they couldn't afford....
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Oct 4, 2012
10/12
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. >> we go to jim lehrer of pbs, moderating this debate. >> jim: i'm jim lehrer. i welcome you to the first of the 2012 presidential debates, between president barack obama, the democratic nominee, and former massachusetts governor, mitt romney, the republican nominee. this debate and the next three, two presidential, one vice-presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15-minute segments, with two-minute answers for the first question. then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions via the internet and other means. but i made the final selections. and for the record, they were not submitted for approval to the commission or the candidates. the segments, as i announced in advance, will be three on the economy and one each on health care, the role of government and governing, with an emphasis throughout on differences, specifics a
. >> we go to jim lehrer of pbs, moderating this debate. >> jim: i'm jim lehrer. i welcome you to the first of the 2012 presidential debates, between president barack obama, the democratic nominee, and former massachusetts governor, mitt romney, the republican nominee. this debate and the next three, two presidential, one vice-presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by...
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thank you, jim. >> jim: thank you, governor. thank you, mr. president. the next debate will be the vice-presidential event on thursday, october 11 at center o'clock in danville, kentucky. for now, from the university of denver, i'm jim lehrer. thank you and gbts. ooh thank you and good night. [cheers and applause] did >> 90 minutes later. it was a robust debate, in the team jerseys, governor rom f >>> president obama in the blue. t romney landing a number of jabs on the president from everything from debt and jobs his green g economy toealt energy program and saying, americans republican and and democrat need leadership and he is prepared to provide it.ovid the president keeping his cool which was said by the punditsbe to be one of the challenges for him tonight and saying leadership requires more than just lofty goals, it requires specifics and he didn't see see them from the governor. mitt romney looking mostly oh he veronica moser at president at president obama when making his points and president obama be looking mostly at jim lehrer or looking down
thank you, jim. >> jim: thank you, governor. thank you, mr. president. the next debate will be the vice-presidential event on thursday, october 11 at center o'clock in danville, kentucky. for now, from the university of denver, i'm jim lehrer. thank you and gbts. ooh thank you and good night. [cheers and applause] did >> 90 minutes later. it was a robust debate, in the team jerseys, governor rom f >>> president obama in the blue. t romney landing a number of jabs on the...
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-- jim -- jim -- jim, would you shut the [ bleep ] up? [ laughter and applause ] >> i'd like president -- >> uh, jim, uh, shut the [ bleep ] up. [ laughter ] >> jim. shut the [ bleep ] up, man. >> and keep it shut. keep your mouth shut. >> i was -- supposed to moderate this debate! i was hired to do a job! >> jim -- jim -- keep your mouth -- keep your [ bleep ] damn mouth shut. >> well, you shut the [ bleep ] up! >> jim -- don't tell me to shut -- now, don't -- >> jim -- shut the [ bleep ] up. [ laughter ] >> he's right. >> i'll put my foot in your ass. [ laughter ] >> we haven't -- jim, you just should have shut up in the first place and we wouldn't have gone through all this. >> you know, if you'd have just shut up in the first place, there wouldn't be all this talk of feet in your ass. [ laughter ] >> -- diarrhea of the mouth is what you have. [ talking over each other ] >> -- the foot in the ass -- >> jim, put down that sharpie before i shove it up your ass. just shut up! [ laughter ] >> your ass is going to smell like marker. [ laugh
-- jim -- jim -- jim, would you shut the [ bleep ] up? [ laughter and applause ] >> i'd like president -- >> uh, jim, uh, shut the [ bleep ] up. [ laughter ] >> jim. shut the [ bleep ] up, man. >> and keep it shut. keep your mouth shut. >> i was -- supposed to moderate this debate! i was hired to do a job! >> jim -- jim -- keep your mouth -- keep your [ bleep ] damn mouth shut. >> well, you shut the [ bleep ] up! >> jim -- don't tell me to shut --...
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Sep 30, 2012
09/12
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i got to tell you, i agree with jim. the less time a guy spends in the public schools on average probably the better, especially the gifted ones. hold them back. grade skipping used to be common in this country. in the '70s, the 80s, this whole egalitarian policy that you got to cut down. the government monopoly incent incentivizes kids stay. let gifted kids move on and save taxpayers money in the process. >> todd, wouldn't you rather have kids, smart enough, willing enough to get out in two years, you would keep programs like gym, home economics, programs they've talked about cutting. this is a way to save those classes perhaps. >> maybe, but you're assuming that you'll have so many kids in this accelerated program. look, it's not a linear number. in other words, you just don't say in two years this is it and they're done. you'll have a big percentage of kids that still have to be there for four years. it's a revolving number. plus, you'll have some that are held back. what do you do with all the kids out of school alre
i got to tell you, i agree with jim. the less time a guy spends in the public schools on average probably the better, especially the gifted ones. hold them back. grade skipping used to be common in this country. in the '70s, the 80s, this whole egalitarian policy that you got to cut down. the government monopoly incent incentivizes kids stay. let gifted kids move on and save taxpayers money in the process. >> todd, wouldn't you rather have kids, smart enough, willing enough to get out in...
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Oct 6, 2012
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no. >> that's just a noise. >> jim, jim, jim, would you shut the [ bleep ] up. >> that was a facsimile i think. more from the debate aftermath. the big bird nonsense continues. how did the former gop candidates feel about the mitt romney pledge to stop funding for pbs if elected president? first, rick santorum last night on cnn. >> would you kill big bird? >> well, as a matter of fact, i voted to kill big bird in the past. it doesn't mean i don't like big bird. you can kill things and still like them. maybe to eat them, i don't know. >> you can kill things but still like them? very interesting. >>> on to newt gingrich who went to one zoo after another during his presidential campaign. newt was on cnn last night with former michigan governor jennifer granholm, an active obama supporter, of course. let's take a look. >> newt gingrich, should big bird be killed or not? >> that's total baloney. big bird makes millions and millions of dollars annually. >> save big bird! >> it's a commercially profitable show. >> save big bird! >> you would save big bird? >> i would save big bird by liberati
no. >> that's just a noise. >> jim, jim, jim, would you shut the [ bleep ] up. >> that was a facsimile i think. more from the debate aftermath. the big bird nonsense continues. how did the former gop candidates feel about the mitt romney pledge to stop funding for pbs if elected president? first, rick santorum last night on cnn. >> would you kill big bird? >> well, as a matter of fact, i voted to kill big bird in the past. it doesn't mean i don't like big bird. you...
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Oct 3, 2012
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and for now from boston, i'm jim lehrer thank you and good night. from coral gables, florida, i'm jim leery, thank you and good night. from oxford, mississippi, thank you, senators, both, i'm jim lehrer, thank you and good night. ( applause ) >> good job. >> good job, john. >> woodruff: that interview with jim and kate leerir was record last fall. >> ifill: again, the major developments of the day: president obama and mitt romney prepped for their face-to-faceÑi meeting tonight in denver, where they will square off in the first debate. and the syrian civil war threatened to boil over, after mortar fire from syria killed five people in a village in turkey. the turks fired back at targets in syria. and in a new project launching today, the "newshour" is allowing you to make your own political ads. kwame holman explains. >> holman: gwen, the adlibs mozilla game let's the viewer be the candidate. you can mash up your facebook photos to make personalized political ads. find that on our home page. today in making sense, with millions of americans still o
and for now from boston, i'm jim lehrer thank you and good night. from coral gables, florida, i'm jim leery, thank you and good night. from oxford, mississippi, thank you, senators, both, i'm jim lehrer, thank you and good night. ( applause ) >> good job. >> good job, john. >> woodruff: that interview with jim and kate leerir was record last fall. >> ifill: again, the major developments of the day: president obama and mitt romney prepped for their face-to-faceÑi meeting...
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Oct 4, 2012
10/12
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jim lehrer. what a freaking disaster! what an embarrassment! jim lehrer was last night. totally lost control of the debate! he announced here's the rules. we're going to have three segments on the economy. and then one on healthcare and then one on governing and then one on the role of government and last one on governing. he got two segments on the economy. let romney talk endlessly never interrupted mitt romney. constantly interrupted president obama. let romney run all over him. every time he would try to -- you would hear him go -- and romney just kept talking and talking. jim lehrer asked romney a question and romney would ignore the question and just say whatever the hell he wanted. president obama, he asked him a question and then nailed him down and make him answer the question. he let romney interrupt obama. there was a half an hour where we never even heard from jim lehrer at all. everybody thought he had walked off the stage. he got two segments in on the economy. maybe one segment on healthcare. maybe 15 minutes. a mini, mini segment on the role of government
jim lehrer. what a freaking disaster! what an embarrassment! jim lehrer was last night. totally lost control of the debate! he announced here's the rules. we're going to have three segments on the economy. and then one on healthcare and then one on governing and then one on the role of government and last one on governing. he got two segments on the economy. let romney talk endlessly never interrupted mitt romney. constantly interrupted president obama. let romney run all over him. every time...
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. >> we will >>> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going to go out of business, and he's nuts. they're nuts. they know nothing. >> i always like to say there's a bull market somewhere. >> "mad money," you can't afford to miss it. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you money. my job isn't just to entertain but to educate and teach you. call me at 1-800-743-cnbc. what would happen if a presidential contender ran on a platform that included as essential ten that he wanted stocks to go higher? what would happen if either presidential candidate came out and said, i think the stock market should break out to all-time highs and buy! i'm going to do my best to get it there. that's something to ponder on the night of the first debate n a day where the averages couldn't punch their way to be higher. dow gaining 12 points. s&p climbing .36%. neither candidate has articulated such a view. but
. >> we will >>> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going to go out of business, and he's nuts. they're nuts. they know nothing. >> i always like to say there's a bull market somewhere. >> "mad money," you can't afford to miss it. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you money. my job isn't...
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jim, are you abandoning sprint?
jim, are you abandoning sprint?
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thank you, jim. >> jim: thank you, governor. thank you, mr. president. the next debate will be the vice-presidential event on thursday, october 11 at center o'clock in danville, kentucky. for now, from the university of denver, i'm jim lehrer. thank you and gbts. ooh thank you and good night. [cheers and applause] did >> 90 minutes later. it was a robust debate, in the team jerseys, governor rom flee in the reds tie, president obama in the blue. romney landing a number of job jabs on everything from debt and jobs and the economy to health care, to his green energy program, saying, americans, republican and democrat need leadership and he's prepared to provide it. the president, keeping his cool, said to be a challenge for him tonight, saying that leadership requires more than lofty goals trequires specifics and he didn't hear them from the governor. it was interesting to see mitt romney looking mostly over at president obama when he was making his point and president obama choosing to look at jim lehrer or looking down. what message do the viewers pick u
thank you, jim. >> jim: thank you, governor. thank you, mr. president. the next debate will be the vice-presidential event on thursday, october 11 at center o'clock in danville, kentucky. for now, from the university of denver, i'm jim lehrer. thank you and gbts. ooh thank you and good night. [cheers and applause] did >> 90 minutes later. it was a robust debate, in the team jerseys, governor rom flee in the reds tie, president obama in the blue. romney landing a number of job jabs...
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Oct 7, 2012
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. >> we go to jim lehrer of pbs moderating this debate. >> i'm jim lehrer and welcome you to the first of the 2012l presidential debates between president barack obama the democratic nominee and former, massachusetts governor mitt romney the republican nominee. this debate and the next three, two presidential, one vice presidential, are sponsored byo the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15 minute segments with two minutt answers for are the first question and then open discussion for the remainder o. each segment. o thousands of people offered suggestions on segment subjects
. >> we go to jim lehrer of pbs moderating this debate. >> i'm jim lehrer and welcome you to the first of the 2012l presidential debates between president barack obama the democratic nominee and former, massachusetts governor mitt romney the republican nominee. this debate and the next three, two presidential, one vice presidential, are sponsored byo the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the...
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Oct 4, 2012
10/12
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maybe jim lehrer. format i love. much more demanding on jim but better for us. >> ifill: we're looking forward to what jim has to say tonight. it's a big night and we'll go to the convention hall and hoar from our own jim lehrer. >> lehrer: good evening, from the ma nag mess arena in colora. i welcome you to the first of the 2012 presidential debates between president barack obama, the democratic nominee, and former massachusetts governor, mitt romney, the republican. nominee. this debate and the next three, two presidential, one vice presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15-minute segments with two-minute answers for the first question, then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions have a the internet and other mea, b i made the final selections, and for the record, they wer
maybe jim lehrer. format i love. much more demanding on jim but better for us. >> ifill: we're looking forward to what jim has to say tonight. it's a big night and we'll go to the convention hall and hoar from our own jim lehrer. >> lehrer: good evening, from the ma nag mess arena in colora. i welcome you to the first of the 2012 presidential debates between president barack obama, the democratic nominee, and former massachusetts governor, mitt romney, the republican. nominee. this...
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is jim president and ceo of the mosaic company. >> thank you, jim. >> guys, look, short-term. longer term, you know who i feel about the agricultural stocks. i think they are going to be lull iss bullish. after the break i will try to make them more money. >> coming up. call street is at war over the future of one retail giant. and when the analysts disagree. it is your time to make "mad money." tonight cramer is giving you a price check on costco. >> and later seller's market. real estate stocks have been soaring. tonight cramer turns to the technicals. on a new edition of off the charts coming up on "mad money." accolade overdrive. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or make 70,000 trades a second... ♪ reach one customer at a time? ♪ how do you help doctors turn billions of bytes of shared
is jim president and ceo of the mosaic company. >> thank you, jim. >> guys, look, short-term. longer term, you know who i feel about the agricultural stocks. i think they are going to be lull iss bullish. after the break i will try to make them more money. >> coming up. call street is at war over the future of one retail giant. and when the analysts disagree. it is your time to make "mad money." tonight cramer is giving you a price check on costco. >> and later...
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jim rosenfield continues our k06 raj. he continues at george mason yucht, jim? >> doreen, first time young and many of them undecided voters. here at george mason university in fairfax. they were not shy. >> quick show of hands, for how many of you is this your first presidential election? many of you watching this first debate anxious to get beyond first impressions. >> i'm pretty sure this is exactly what i'm looking for. >> i'm trying to see how i could get a better chance to pay for my college education. >> they're both bashing each other. i might as well watch this. >> some came with their minds made up. >> well, i know people are going to be going all out on the blog. so i'm going to be comining bac with cracks. >> i'm not getting a sense of obama as commander in chief. romney is really laying it down and he's really being very ke tail detailed, for once. >> i became a lot more informed. >> i liked when we were talking about the health care stuff and something about the middle class because i'm middle class. >> i think that both of them had really well-str
jim rosenfield continues our k06 raj. he continues at george mason yucht, jim? >> doreen, first time young and many of them undecided voters. here at george mason university in fairfax. they were not shy. >> quick show of hands, for how many of you is this your first presidential election? many of you watching this first debate anxious to get beyond first impressions. >> i'm pretty sure this is exactly what i'm looking for. >> i'm trying to see how i could get a better...
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is jim president and ceo of the mosaic company. >> thank you, jim. >> guys, look, short-term. longer term, you know who i feel about the agricultural stocks. i think they are going to be bullish. after the break i will try to make them more money. >> coming up. call street is at war over the future of one retail giant. and when the analysts disagree. it is your time to make "mad money." tonight cramer is giving you a price check on costco. >> and later seller's market. real estate stocks have been soaring. tonight cramer turns to the technicals. on a new edition of off the charts coming up on "mad money." so anyway, i've been to a lot of places. you know, i've helped a lot of people save a lot of money. but today...( sfx: loud noise of large metal object hitting the ground) things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. want my recipe for healthier hair color? natural instincts! formulated with aloe,
is jim president and ceo of the mosaic company. >> thank you, jim. >> guys, look, short-term. longer term, you know who i feel about the agricultural stocks. i think they are going to be bullish. after the break i will try to make them more money. >> coming up. call street is at war over the future of one retail giant. and when the analysts disagree. it is your time to make "mad money." tonight cramer is giving you a price check on costco. >> and later seller's...
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jim. >> axelrod: elaine, thank you. uhe abu hamza case was as high profile as it gets in great britain. the bbc reported last month even the queen wondered out loud why the radical cleric had not been laced in custody since in her view he must have surely broken some laws. her comments were made during the time abu hamza railed against britain from his mosque in north london. or a fourth stray of straight day, syria and turkey traded tre today. l 's the least sign syria's civil war is now expanding into a threat to regional security. correspondent holly williams is in istanbul. in il reporter: syria's civil war is spilling over its borders. today, the turkish village of guvecci was hurt by two mortar shells. nobody was hurt it & it's thought they were a mistake. the turkish military returns fire for the fourth day in a row. turkey has openly sided with the eebels in syria's conflict, confh so far, it hasn't intervened directly. now some fear that border skirmishes between the two countries could escalate into a regional
jim. >> axelrod: elaine, thank you. uhe abu hamza case was as high profile as it gets in great britain. the bbc reported last month even the queen wondered out loud why the radical cleric had not been laced in custody since in her view he must have surely broken some laws. her comments were made during the time abu hamza railed against britain from his mosque in north london. or a fourth stray of straight day, syria and turkey traded tre today. l 's the least sign syria's civil war is now...
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he is elderly and can't prove his citizenship." >> jon: i hate knowing jim cramer has a father! (laughter) well, i hope he and his father are both sitting down because jim cramer also has a long-lost brother! yes! louis c.k.! you are jim cramer's long-lost brother! (applause) louis c.k . the "c.k." stands for "cramer kin." (laughter) for more on this issue we're joined by senior black correspondent larry wilmore. larry, thank you so much for joining us. (cheers and applause) larry, these -- these voter i.d. laws as we see could potentially disenfranchise thousands of voters. your reaction? >> yeah, jon, on behalf of black people i need to apologize to america. obviously these laws were meant to suppress the black vote, which has gone 95% for obama but it wound up hurting innocents like jim cramer's dad. (laughter) so sorry, old people. that (bleep) was meant for us, not for you. (laughter) >> jon: it's not -- it's not your fault. it's -- okay, so i shouldn't have -- sorry. >> look, jon, in the world of voter suppression black folks are the delicious tuna. (laughter) irresistible
he is elderly and can't prove his citizenship." >> jon: i hate knowing jim cramer has a father! (laughter) well, i hope he and his father are both sitting down because jim cramer also has a long-lost brother! yes! louis c.k.! you are jim cramer's long-lost brother! (applause) louis c.k . the "c.k." stands for "cramer kin." (laughter) for more on this issue we're joined by senior black correspondent larry wilmore. larry, thank you so much for joining us. (cheers...
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jim, why does this video reappear now and how does it pair some importance in this campaign? >> it would have been hundred times more impactful if it came out in 2007. when people could have played it out, that president george w. bush went to new orleans a few weeks after the hurricane and committed $125 billion to help new orleans, anybody that has been near new orleans knows an enormous amount of federal money which the president chose not to talk about. >> jon: didn't he in the same speech speaking glowing words about reverend wright? >> i think he was said unapologetically christian and black. but the president doesn't normally mention race when he gives a speech like that. that made it different but i don't think it makes it a scandal. it's the level of 47% statement which is what i think the republicans were trying to do by dragging out this on tape. it didn't work. i think it fell flat. >> i would agree with judy. remember that the president also said about new orleans and katrina that the administration was colorblind in terms of that, but what i have to say, they co
jim, why does this video reappear now and how does it pair some importance in this campaign? >> it would have been hundred times more impactful if it came out in 2007. when people could have played it out, that president george w. bush went to new orleans a few weeks after the hurricane and committed $125 billion to help new orleans, anybody that has been near new orleans knows an enormous amount of federal money which the president chose not to talk about. >> jon: didn't he in the...
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jim, thank you, as well. >> thanks for having me on. >> jim o'neill. as far as european stocks are concerned, after good gains yesterday, a little softer this morning. ibex up a quarter of a percent. bond markets the key thing is that ten year yields continue to decline in spain. 5.79% just over 5% in italy. and on the currency markets, euro-dollar's rebounded. we got down to 1.28. nearly flat during the session. back up to around 1.29. dollar-yen coming in at 78.08. tom enders has called for a quick ending surrounding the proposed merger with bcht ae systems and eager to close the $45 billion tie up and ease concerns ahead of a uk regulatory deadline on october 10th. speaking in london, he said investors were reacting badly and the uncertainty can't go on much longer. for more we're joined by patricia in frankfurt. that's the question. he says the uncertainty complaint go can't go on, but that's all i see going on. >> absolutely. because so many parties have very big and important interests especially state interests in this potential merger deal. so
jim, thank you, as well. >> thanks for having me on. >> jim o'neill. as far as european stocks are concerned, after good gains yesterday, a little softer this morning. ibex up a quarter of a percent. bond markets the key thing is that ten year yields continue to decline in spain. 5.79% just over 5% in italy. and on the currency markets, euro-dollar's rebounded. we got down to 1.28. nearly flat during the session. back up to around 1.29. dollar-yen coming in at 78.08. tom enders has...
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jim you' jim, was there a mitt romney lightning round? >> i think there was a bit of a rally. but that failed from the old bernanke high as couple weeks ago but it lost some steam. >> jim, is will a fed qe3 rally going on. i know we like to talk politics, politics can affect stocks. is the fed pump priming still putting wind behind the stock market? >> absolutely. look, the biggest correlation we can find with the market in anything over the last four years is quantitative easing. now there's a lot of rumors out that qe4 is coming because the fed is worried about the fiscal cliff. so, yes, it's a manipulated market and this is why the market has rallied more than anything else. >> you can't have qe4 because qe3 is in perpetuity. they would just pump more. jim iurio, was there a jobs controversy today with the 7.8 unemployment rate? is it possible some investors think the economy is a little better than they did prior to this? we had the ism consumer credit went up. that was reported today. >> it just goes on to what jim lacamp says. this is anemic growth. if you get back that
jim you' jim, was there a mitt romney lightning round? >> i think there was a bit of a rally. but that failed from the old bernanke high as couple weeks ago but it lost some steam. >> jim, is will a fed qe3 rally going on. i know we like to talk politics, politics can affect stocks. is the fed pump priming still putting wind behind the stock market? >> absolutely. look, the biggest correlation we can find with the market in anything over the last four years is quantitative...
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pastor jim garlow. pastor jim, thanks so much for coming. (cheers and applause) how many years have been doing this? >> this is the fifth year. >> stephen: so you guys have been basically trying to poke the hornet's nest of the i.r.s. for five years so they'll take you to court over the this unjust law. why haven't they done it yet? >> i assume they think they're going to lose. we had that privilege for 166 years in american history and then it was taken away 58 years ago and our line was simple: no governmental intrusion into the life of the church at all. >> let's talk about what the church has going for them right now. which i really love. you've got this tax-free thing going on. (laughter) can i get in on that? because-- (laughter) i've got a super pac but donations to me are not tax deductions and and other people have to use aftertax money for their political speech. but you guys get to use pre-tax money for political speech. i'd love to have my political speech subsidized by the government just like that. (cheers and applause) >> if y
pastor jim garlow. pastor jim, thanks so much for coming. (cheers and applause) how many years have been doing this? >> this is the fifth year. >> stephen: so you guys have been basically trying to poke the hornet's nest of the i.r.s. for five years so they'll take you to court over the this unjust law. why haven't they done it yet? >> i assume they think they're going to lose. we had that privilege for 166 years in american history and then it was taken away 58 years ago and...